Photo of 7413 John, Millville NJ
     
7413 John
Laurel Lakes
Millville, NJ 08332
Commercial Township
Millville
Cumberland County
Asking Price$85,000
Bedrooms2
Full Baths1
Partial Baths
Acres0.21
Interior SqFt450
Age57
HeatingNatural Gas
Cooling 
SewerPrivate
Garages0
Taxes (2024)718

Description
**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000* Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability. One property within this portfolio is **7413 John St**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for almost 2 years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. Key Investment Highlights: - **Portfolio Price**: $2,000,000 for 20 properties - **Annual Gross Income**: $240,000 - **12% CAP Rate**: Strong return potential in a stable, in-demand location - **Tenant Stability**: Long-term, reliable tenants in place across all properties - **Maintenance & Management**: Well-maintained homes with minimal upkeep required This portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes!Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.

Room Sizes

Location


Driving Directions
Off Keron Dr

Details
Architectural Type - Modular/Pre-Fabricated
Roofing - Flat
Exterior Features - Frame
Heating - Forced Air, Electric, Natural Gas
Hot Water - Electric
Sewer - On Site Septic
Water - Well

Notes
Page: © 2025 EveryHome, Realtors, All Rights Reserved.
Data: © 2025 TREND, All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EveryHome participates, and is provided by TREND through a licensing agreement.
Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the New Jersey Real Estate Commission - License 0901599
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555

Assessment : 24000
Latitude : 39.321011
Longitude : -75.025520
EveryHome Number : JCB202-41109
Listing Courtesy Compass New Jersey, LLC - Moorestown
Zoning Designation VR1